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FICA paid by independent consultants paid hourly under contract?

Are independent consultants required to pay FICA? I am a retired sales executive on Social Security.

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FICA paid by independent consultants paid hourly under contract?

If you are an independent contractor being compensated for a service you are providing (youre not an employee being given a W2 at year end), you will pay FICA (social security and medicare) on your net profit.   

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